RESAAS Services Inc. announced a non-brokered private placement of 3,125,000 units at a price of CAD 0.32 per unit for the gross proceeds of CAD 1,000,000 on October 12, 2023. Each unit consists of common share and one half of one common share purchase warrant. Each warrant is exercisable at CAD 0.60 for one year from the date of the closing of the transaction.

All securities issued pursuant to the transaction will be subject to a standard four month hold period in accordance with applicable Canadian securities laws. The completion of the transaction is subject to receiving final acceptance by the TSX Venture Exchange.